Yaesu UK Limited - Abbreviated accounts 16.1

Yaesu UK Limited - Abbreviated accounts 16.1

YAESU UK LTD. - Company Information

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REGISTERED NUMBER: 02894597 (England and Wales)















YAESU UK LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015













YAESU UK LIMITED (REGISTERED NUMBER: 02894597)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

YAESU UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTORS: J Hasegawa
M Mori





SECRETARY: D Croome





REGISTERED OFFICE: Unit 12
Sun Valley Business Park
Winnall Close
Winchester
Hampshire
SO23 0LB





REGISTERED NUMBER: 02894597 (England and Wales)
Page 1
YAESU UK LIMITED (REGISTERED NUMBER: 02894597)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £   
CURRENT ASSETS
Stocks 842,789 681,232
Debtors 692,248 598,719
Cash at bank and in hand 60,491 209,613
1,595,528 1,489,564
CREDITORS
Amounts falling due within one year (964,454 ) (951,010 )
NET CURRENT ASSETS 631,074 538,554
TOTAL ASSETS LESS CURRENT
LIABILITIES
631,074
538,554

CAPITAL AND RESERVES
Called up share capital 3 300,000 300,000
Profit and loss account 331,074 238,554
SHAREHOLDERS' FUNDS 631,074 538,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 27 June 2016 and were signed on its
behalf by:





M Mori - Director


The notes form part of these abbreviated accounts

Page 2
YAESU UK LIMITED (REGISTERED NUMBER: 02894597)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover is the total amount receivable by the company for goods supplied and services provided,
excluding VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - Straight line over period of the lease
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

Going concern
The financial statements have been prepared on a going concern basis which is dependent on the
continuing support of the parent company. The parent company, Yaesu Musen Co. Limited, has
indicated its intention to continue to provide financial support for a period of not less than 12 months
from the date of the signing of the accounts. On this basis the directors consider it appropriate to
prepare the financial statements on a going concern basis. The financial statements do not include any
adjustments that would result from a withdrawal of such financial support.

Page 3 continued...
YAESU UK LIMITED (REGISTERED NUMBER: 02894597)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 39,474
DEPRECIATION
At 1 January 2015
and 31 December 2015 39,474
NET BOOK VALUE
At 31 December 2015 -
At 31 December 2014 -

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
300,000 Ordinary shares £1.00 300,000 300,000

4. ULTIMATE PARENT COMPANY

The ultimate parent company is Tokogiken Co. Limited, a company registered and incorporated in
Japan.

Page 4